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Magna wins business for eDrive system from Europe-based OEM
Magna International Inc. (Magna) announced that it has won a high-volume contract with a Europe-based global premium OEM to supply its new eDrive system (eDS Mid). The eDrive is planned for 2027 model SUVs/sedans, with production expected to begin in 2026. Production of the eDrive system will be at its powertrain fac....
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